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$319,900

Magnificent Lakewood duplex! Attention investors & owner-occupants—this exceptional property offers the best of both worlds. Beautifully remodeled first-floor unit is vacant & ready for immediate occupancy or can be rented for top market value, while the occupied second-floor unit helps offset your mortgage w/immediate rental income. This is not your typical rental property—it has been lovingly maintained & meticulously updated over the years, with true pride of ownership evident throughout. Situated in one of Lakewood's most desirable neighborhoods, this solid investment features updated kitchens w/premium quartz & granite countertops, quality cabinetry, modern finishes. Both units offer bright, sun-filled open floor plans w/updated vinyl windows, modern/spacious living areas, & timeless appeal that attracts & retains quality tenants. First-floor unit features 2 bedrooms, while the second-floor unit offers 2 bedrooms plus a finished third-floor bedroom, studio, flex space. Upstairs unit is currently leased month-to-month at $1,700 per month to a quality tenant who would like to remain. Major mechanical updates provide peace of mind, including updated basement improvements (2009), furnaces approximately 4-6 years old, hot water tanks (2014 & 2015), updated electrical service (2008), and a new PVC sewer line from the house to the street (2020). Separate gas and electric meters keep operating costs efficient, plus the washer and dryer are included. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this turnkey property is a rare opportunity in sought-after Lakewood. The vacant first-floor unit is available for showings. The occupied second-floor unit may be viewed upon acceptance of an offer.

5 Beds ⋅ 2 Baths ⋅ 5224574 MLS

Magnificent Lakewood duplex! Attention investors & owner-occupants—this exceptional property offers the best of both worlds. Beautifully remodeled first-floor unit is vacant & ready for immediate occupancy or can be rented for top market value, while the occupied second-floor unit helps offset your mortgage w/immediate rental income. This is not your typical rental property—it has been lovingly maintained & meticulously updated over the years, with true pride of ownership evident throughout. Situated in one of Lakewood's most desirable neighborhoods, this solid investment features updated kitchens w/premium quartz & granite countertops, quality cabinetry, modern finishes. Both units offer bright, sun-filled open floor plans w/updated vinyl windows, modern/spacious living areas, & timeless appeal that attracts & retains quality tenants. First-floor unit features 2 bedrooms, while the second-floor unit offers 2 bedrooms plus a finished third-floor bedroom, studio, flex space. Upstairs unit is currently leased month-to-month at $1,700 per month to a quality tenant who would like to remain. Major mechanical updates provide peace of mind, including updated basement improvements (2009), furnaces approximately 4-6 years old, hot water tanks (2014 & 2015), updated electrical service (2008), and a new PVC sewer line from the house to the street (2020). Separate gas and electric meters keep operating costs efficient, plus the washer and dryer are included. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this turnkey property is a rare opportunity in sought-after Lakewood. The vacant first-floor unit is available for showings. The occupied second-floor unit may be viewed upon acceptance of an offer.

1559 Hopkins Avenue, Lakewood

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

$635,000

Four units in Lakewood available now! One unit is currently vacant and the other three units are bringing in a combined $4,100 monthly, making this a perfect opportunity for both owner-users and investors! This 4,235 square foot property features four spacious 2 bed / 1 bath units, several with bonus rooms. Each apartment offers formal dining rooms, decorative fireplaces, attractive hardwood floors, and abundant natural light throughout. There is also plenty of space to relax outside on the expansive, two-story front porch. The interiors have been thoughtfully updated with modern finishes, including renovated kitchens and baths and stainless-steel appliances. The building has undergone extensive improvements: a brand-new two-story rear porch, new front porch columns and flooring, three newer water heaters, two new furnaces, upgraded electric panels, and re-piping as needed. Additional property highlights include five off-street parking spaces at the rear of the property and coin-operated laundry in the shared basement for extra income (roughly $25-50 per month). Most major improvements are complete, leaving a new owner to benefit from stable income and reduced maintenance obligations. The location adds to the appeal, surrounded by Lakewood’s top amenities, restaurants, and grocery options. Call or text today for a showing!

8 Beds ⋅ 4 Baths ⋅ 5221418 MLS

Four units in Lakewood available now! One unit is currently vacant and the other three units are bringing in a combined $4,100 monthly, making this a perfect opportunity for both owner-users and investors! This 4,235 square foot property features four spacious 2 bed / 1 bath units, several with bonus rooms. Each apartment offers formal dining rooms, decorative fireplaces, attractive hardwood floors, and abundant natural light throughout. There is also plenty of space to relax outside on the expansive, two-story front porch. The interiors have been thoughtfully updated with modern finishes, including renovated kitchens and baths and stainless-steel appliances. The building has undergone extensive improvements: a brand-new two-story rear porch, new front porch columns and flooring, three newer water heaters, two new furnaces, upgraded electric panels, and re-piping as needed. Additional property highlights include five off-street parking spaces at the rear of the property and coin-operated laundry in the shared basement for extra income (roughly $25-50 per month). Most major improvements are complete, leaving a new owner to benefit from stable income and reduced maintenance obligations. The location adds to the appeal, surrounded by Lakewood’s top amenities, restaurants, and grocery options. Call or text today for a showing!

1323 Beach Avenue, Lakewood

Listing Courtesy of: Alexander Castrey, alex@greatlakesoh.com With LPT Realty

$175,000

Attention all prime investors, renovators and builders! Discover the potential with the opportunity to REHAB this 3 bedroom, 1 bath colonial being sold "as is". Included are endless possibilities for the huge walkup attic which runs the length of the house. Once renovated, this Lakewood charmer with spacious front porch overlooking the neighborhood provides an excellent location to shopping, restaurants, parks, transportation, and downtown Cleveland events. Approx. 15 minutes to Cleveland Hopkins International Airport and beautiful Edgewater Park Beach on Lake Erie! Call for details.

3 Beds ⋅ 1 Baths ⋅ 5183675 MLS

Attention all prime investors, renovators and builders! Discover the potential with the opportunity to REHAB this 3 bedroom, 1 bath colonial being sold "as is". Included are endless possibilities for the huge walkup attic which runs the length of the house. Once renovated, this Lakewood charmer with spacious front porch overlooking the neighborhood provides an excellent location to shopping, restaurants, parks, transportation, and downtown Cleveland events. Approx. 15 minutes to Cleveland Hopkins International Airport and beautiful Edgewater Park Beach on Lake Erie! Call for details.

1351 Beach Avenue, Lakewood

Listing Courtesy of: Joe Dill, ajdill333@yahoo.com With Berkshire Hathaway HomeServices Lucien Realty

Selling Office: Fathom Realty.

$285,000

MOVE IN READY HOME WITH NEW FROM PORCH DECKING, BACK PORCH REPAIRED & WATERPROOFED. REFINISHED HARDWOOD FLOORS, NEWLY PAINTED THROUGHOUT. THE ENTIRE HOME HAS BEEN GONE OVER TO MAKE SURE ITS MOVE-IN READY. THE HOMEHAS A FULL FINISHED WATERPROOFED BASEMENT WITHKITCHENETTE (OHIO STATE - INSIDED & OUT APPROX 14-15 YRS AGO) NEWERROOF 2019, LENNOX FURNACE 2005, WINDOWS2004, HOT WATER TANK 2017, HOME WARRANTY INCLUDED.

3 Beds ⋅ 2 Baths ⋅ 5055646 MLS

MOVE IN READY HOME WITH NEW FROM PORCH DECKING, BACK PORCH REPAIRED & WATERPROOFED. REFINISHED HARDWOOD FLOORS, NEWLY PAINTED THROUGHOUT. THE ENTIRE HOME HAS BEEN GONE OVER TO MAKE SURE ITS MOVE-IN READY. THE HOMEHAS A FULL FINISHED WATERPROOFED BASEMENT WITHKITCHENETTE (OHIO STATE - INSIDED & OUT APPROX 14-15 YRS AGO) NEWERROOF 2019, LENNOX FURNACE 2005, WINDOWS2004, HOT WATER TANK 2017, HOME WARRANTY INCLUDED.

1290 Beach Avenue, Lakewood

Listing Courtesy of: Richard G Valentino, richvalentino@ameritech.net With HomeSmart Real Estate Momentum LLC

Selling Office: HomeSmart Real Estate Momentum LLC.